Michigan's 529 College Savings Plans to host free drop-in informational session at Troy Public Library

Area families will have an opportunity to learn about saving for college during a free community informational session hosted by the Michigan Department of Treasury’s Section 529 college savings plans from 3 to 7 p.m. Tuesday, March 21, at the Troy Public Library, 510 W. Big Beaver Road.

Representatives from the Michigan Education Trust (MET) and Michigan Education Savings Program (MESP) will be on hand to discuss the features and benefits of each plan and offer general tips to educate parents, grandparents and others on saving for college.

Event attendees, who are encouraged to arrive at their convenience anytime between 3 and 7 p.m., will also have the opportunity to purchase a MET contract and open an MESP account on-site. MET will also contribute $150 toward each new prepaid tuition contract purchase during the session.

“We know that saving for college can seem overwhelming for parents, and this is an opportunity for them to gather information in a low-key, no-pressure environment,” said Diane Brewer, executive director of both 529 plans. “With college tuition and fees continuing to rise, it’s more important than ever for parents to get as early a start as possible on building college savings for their children.”